Oral Answers to Questions Debate
Full Debate: Read Full DebateLord Spellar
Main Page: Lord Spellar (Labour - Life peer)Department Debates - View all Lord Spellar's debates with the Foreign, Commonwealth & Development Office
(6 years, 2 months ago)
Commons ChamberI must say that I do. Venezuela enjoys the world’s largest proven oil reserves and it has the largest gas reserves in Latin America, but all of these are being squandered. It has had years of economic mismanagement based on outdated and misguided ideologies, and it cannot even provide the most basic necessities for its people. The country is facing rampant inflation. This is an example of how one man at the top of a country can destroy that country’s economy and prospects.
Clearly, a precondition for resolving the dreadful situation in Venezuela is an early end to the disastrous communist Maduro regime and a return to parliamentary democracy, but the desperate people of Venezuela—those in the country and the millions in exile—need food and medical supplies now. What are the Minister and the Department for International Development doing about that?
I have to say to the right hon. Gentleman that DFID has limited experience in Latin America. We would like to be doing more, and there has been the provision of humanitarian advice, but I would be the first to admit that that is not nearly enough to address the seriousness of the plight that Venezuelans face. As he rightly says, millions of people have left Venezuela and these problems are now affecting neighbouring countries in a serious way. We are working closely with the Lima group, led by the Peruvian Foreign Minister, to do what we can to try to change the disastrous situation in Venezuela.